Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Whatley, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Whatley, AL provides a financial boost to eligible homebuyers in Whatley, AL, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Whatley, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Whatley, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Whatley, AL, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Whatley, AL without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Whatley, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Whatley, AL.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Whatley, AL. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Whatley, AL and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
FHA Down Payment Assistance Home Loan in Whatley, Alabama provides several benefits to prospective homebuyers. This program allows individuals to purchase a home with a lower down payment requirement, making homeownership more accessible. Additionally, FHA loans typically have lower interest rates and more flexible qualification guidelines, making them an attractive option for first-time homebuyers. Whatley, Alabama, is a small, close-knit community with a population that values a sense of community and a peaceful way of life. The town boasts a diverse demographic, with a mix of young families, retirees, and working professionals. The area also has a strong sense of pride in its history and culture, with many local events and festivals celebrating the town's heritage. The housing market in Whatley, Alabama, offers a range of options for homebuyers. From quaint single-family homes to spacious townhouses, there is something to suit every preference and budget. The market is stable yet affordable, making it an attractive location for those looking to invest in real estate. With the assistance of FHA loans, buyers can find their dream home in this charming town.
Benefits of FHA Down Payment Assistance Home Loan in Whatley, Alabama
